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🔥🔥🔥Why Is Participation Low Despite 81% Daily Shiba Inu Burn Rate Increase? Shiba Inu burn rates have increased regularly, which is good news for the community. However, the burned numbers show otherwise, notably with Shiba Inu holders' SHIB burning participation. Shiba Inu Burns 81% More The Shiba Inu daily burn rate increased 81% in one day. Although this increase is good for meme coin, the quantity of tokens burned to produce it is low. Shibburn reported 4.64 million SHIB token burns in the last day. For context, the tokens burned today are worth about $105. Since this is an 81% increase, fewer tokens were burned the day before. Shibburn data show 1.9 million tokens, or $45 worth, were destroyed the day before. Investor participation appears to be low because to this sharp drop in daily coin burning. Shiba Inu's price difficulties in recent weeks may have caused investors to be more cautious to protect their stakes. Shib Price Drops 21% The price and burn rate of Shiba Inu have both dropped in the recent week. Coinmarketcap reports a 15% drop in Shiba Inu prices in the past week. After this 15% dip, the SHIB price is at $0.000023, down 50% from its March top of $0.000044. In the last day, its trading volume rose 12% to $645 million. Volume increases frequently indicate bitcoin interest. If so, the Shiba Inu price may reverse as investors wager again. SHIB is currently trading at $0.0000228, up 4% daily. Despite its challenges, the meme coin has a market worth above $13.5 billion, making it the 11th-largest cryptocurrency and ahead of Avalanche and Polkadot. #SHIB #Memecoins #BullorBear

🔥🔥🔥Why Is Participation Low Despite 81% Daily Shiba Inu Burn Rate Increase?

Shiba Inu burn rates have increased regularly, which is good news for the community. However, the burned numbers show otherwise, notably with Shiba Inu holders' SHIB burning participation.

Shiba Inu Burns 81% More

The Shiba Inu daily burn rate increased 81% in one day. Although this increase is good for meme coin, the quantity of tokens burned to produce it is low.

Shibburn reported 4.64 million SHIB token burns in the last day. For context, the tokens burned today are worth about $105.

Since this is an 81% increase, fewer tokens were burned the day before. Shibburn data show 1.9 million tokens, or $45 worth, were destroyed the day before.

Investor participation appears to be low because to this sharp drop in daily coin burning. Shiba Inu's price difficulties in recent weeks may have caused investors to be more cautious to protect their stakes.

Shib Price Drops 21%

The price and burn rate of Shiba Inu have both dropped in the recent week. Coinmarketcap reports a 15% drop in Shiba Inu prices in the past week.

After this 15% dip, the SHIB price is at $0.000023, down 50% from its March top of $0.000044. In the last day, its trading volume rose 12% to $645 million. Volume increases frequently indicate bitcoin interest. If so, the Shiba Inu price may reverse as investors wager again.

SHIB is currently trading at $0.0000228, up 4% daily. Despite its challenges, the meme coin has a market worth above $13.5 billion, making it the 11th-largest cryptocurrency and ahead of Avalanche and Polkadot.

#SHIB #Memecoins #BullorBear

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Since Doge Day, #Floki and other meme currencies have been seeing a rally More than 40 million Revolut users now have easy access to the meme currency, according to Floki's team's announcement on X. Before merging with Binance Pay, Floki formed a number of key alliances. Since Doge Day, Floki and other meme currencies have been seeing a rally. Revolut, a well-known neobank and Fintech platform, will list the meme currency Floki (FLOKI), as revealed Monday by the Floki team in an X post. Floki has the potential to soar much higher after forming strategic alliances to increase retail use. Meme tokens saw historic increases due to the Bitcoin halving and Doge Day. Floki had a fantastic weekend, rising more than 25% like many other joke currencies. It comes after Saturday's Doge Day festivities and the fourth Bitcoin halving, both of which were well-attended. A combination of the Bitcoin halving and Doge Day, an occasion selected by the Doge community to honor Dogecoin, led to a broad increase in meme tokens. Floki, along with Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK), and Book of Meme (BOME), had remarkable growth, although Dogecoin did not have much of an impact. Even with the recent increase, Floki's listing on the popular neobank platform Revolut bodes well for its future development. Because of the change, Floki is now accessible to over 40 million users in 150 countries. As a result of this development, ordinary people could buy Floki using fiat currencies including the US dollar, the euro, and the British pound. This continues Floki's growth strategy, which began in March when it was named the official cryptocurrency partner of the South Korean World Table Tennis Championships. For businesses using Binance Pay, Floki is now an additional payment option. There may be a return to the meme coin mania, as seen by the recent increase in Floki and other meme tokens. Right now, Floki is up 2.4% on the market, trading at about $0.00001758. #Memecoins #FLOKI $FLOKI #SHIB
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#MarketSentimentToday 💥💥💥💥BREAKING NEWS 💥💥💥💥 Spoke to an ORACLE for 2025 ATHs: #BTC - $210,000 $ETH - $22,222 $SOL - $1,000 #DOGE - $3.11 $INJ - $222 $SEI - $8.20 $JUP - $6.96 #NULS - $5.5 #BNB - $3,500 #XRP - $10 What did I miss that u need a price for?
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#MarketSentimentToday 💰If Team Raises $12 Million For Its New Blockchain, Shiba Inu Price Will Reach $10? 💰The Shiba Inu price rose 2% today to $0.00002704, while the cryptocurrency market rose 1% in 24 hours. 💰SHIB has risen 15% in the previous week, mostly in the past two days, after Shiba Inu's creators received $12 million for their privacy-focused layer-three blockchain. 💰The currency is down 1% in the previous month, but its 163% growth over the past year demonstrates medium- and long-term momentum. 💰As word of its new platform spreads, a positive market may enhance the coin's price. 💰Since its indications have been rising and remain optimistic today, SHIB's chart suggests a growth surge. 💰Over the weekend, its 30-day average (orange) crossed its 200-day average (blue), indicating strong buying pressure. 💰After hitting 80 yesterday and dropping late last night, SHIB's relative strength index (purple) is climbing near 70 again. 💰This bullish RSI recovery after a little drop suggests the currency is in a medium-term growth period. 💰SHIB's trade volume exceeds $1 billion and is $800 million 💰today, up 100% from Saturday. 💰As noted, Shiba Inu's $12 million layer-three chain rise is the major cause of this surge. 💰Polygon Ventures, Animoca Brands, Stake Capital, Mechanism Capital, Big Brain Holdings, Shima Capital, Morningstar Ventures, Woodstock finance, DWF Ventures, and Comma 3 Ventures finance it. 💰This diverse group of investors shows trust in the new chain, which will be based on Shibarium and use Zama homomorphic encryption technology to improve privacy. 💰It will also include the final non-stablecoin token in the Shiba Inu ecosystem, TREAT. 💰This development reinforces the increasing notion that Shiba Inu is more than a meme token, with its creators working hard to expand its usefulness (Sibarium launched last year). #SHIB #Memecoins $SHIB #Shibarium
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#MarketSentimentToday Figure CEO Mike Cagney says #FTX Estate will auction locked Solana Tokens In a Saturday X post, Figure CEO Mike Cagney said the FTX estate would auction off the next batch of its long-awaited sealed Solana tokens. Due to rising $SOL prices, purchasers are eager to acquire the locked Solana coins. Cagney expects auction information this week. Crypto Exchange Creditors Dissatisfied With Estate Plans Some FTX creditors are unhappy with how the collapsed crypto exchange's estate is being handled, despite skilled asset recovery attorney John J. Ray III. Sunil Kavuri, a former customer and FTX victim advocate, blasted Sullivan and Cromwell for unfairly redistributing ex-customers' digital assets. “S&C are adamant in selling FTX creditors locked Solana at a heavy discount to their own clients (Galaxy), despite our objections,” Kavuri wrote on April 21 X. FTX estate's newest auction came weeks after it sold over $2.6 billion in discounted Solana tokens to crypto industry leaders like Galaxy Digital. Since Sullivan and Cromwell advised Galaxy Digital, FTX estate critics charge mismanagement. According to Kavuri, Cagney has created “a structure to allow retail FTX creditors to participate” in the auction with a $5,000 minimum commitment. “It's not right for FTX to sell our property,” Kavuri wrote. Through our class actions, S&C and co-conspirators are being sued for whatever value they destroyed for FTX creditors. SBF to compensate victims Days before the Solana auction, Kavuri reported that attorneys for the crypto exchange's class action lawsuit victims settled with FTX founder Sam Bankman-Fried. The settlement, which Bankman-Fried calls “a big win for FTX victims,” will reveal details on many high-profile FTX clients, including Shaquille O'Neal, Kevin O'Leary, and Tom Brady. "John Ray/FTX debtors have withheld information and hampered our class action," Kavuri added. “Sullivan and Cromwell is also a defendant.” #BullorBear #FTT $FTT
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#MarketSentimentToday Terra Community To Pass Key Proposal Amid $LUNC Revival Important Terra community suggestions might revitalize the coin by changing the Terra Classic environment. With the voting process proceeding and community input suggesting a good conclusion, Terra Classic's native token, LUNC, has risen in price. Terra Community Will Approve Proposal The Terra Classic community will vote on two ecological changes: a smaller block size and 10x higher gas prices. The proposed voting process is still on, with one day and over an hour remaining to declare the results. Validator info, a real-time data analytics tool, reports that the proposal to reduce block size has received a stunning amount of votes. Only 0.11% of community members and validators oppose the initiative, while 99.88% support it. Genuine Labs, a Terra Classic development organization, proposed the idea after finding hazards in Solana (SOL), Polkadot (DOT), and Cosmos. The proposed block size reduction from 5 MB to 2 MB will greatly minimize peer-to-peer spam in the ecosystem. “We vote NO on proposal 12095 to increase gas fees x 10 to deter future attacks, this risks harming our ecosystem's growth, diminishing support for dApps, and driving up end-user costs,” the Terra community said on X (previously Twitter). Despite substantial resistance, 59.99% approved for the proposition while 27.77% opposed it. Declining Trading Volume Lifts LUNC Prices The community's support for the initiatives may have boosted LUNC's price. The cryptocurrency rose over 10% in a day, according to reports. Trading volume for LUNC rose over 500%. Other key measures were pessimistic despite the significant gain. Santiment charts showed LUNC's social and developmental decline. Additionally the cryptocurrency price reversed. Terra Classic (LUNC) is down 28.5% in a month and 0.21% in 24 hours, trading at $0.00011. The cryptocurrency's 24-hour trading volume dropped 44.9%, according to CoinMarketCap. #LUNC #USTC
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